President Trump’s latest tariffs are sending ripples through Mexico’s economy, with three major sectors—automotive, agriculture, and energy—feeling the brunt. But Mexico isn’t sitting idle. The country is weighing its options to push back, especially in areas where it has some leverage.

The automotive industry, a cornerstone of Mexico’s economy, is bracing for a tough hit. Tariffs could slow down production and exports, which are vital for both countries. Meanwhile, the agriculture sector is also in the crosshairs. Mexico is the top buyer of U.S. food and farm products, importing over $29 billion worth last year. If Mexico retaliates, products like Kentucky bourbon, pork, and corn syrup could face new tariffs, targeting states that supported Trump in the last election.

The energy sector, though, is a different story. Mexico has little wiggle room here, as it heavily relies on U.S. imports. Still, experts suggest the country could strike back strategically. “Mexico needs to retaliate in a way that causes economic harm in the U.S.,” said a former Mexican negotiator. “Precision strikes on specific products could also stir up political tension.”

This isn’t the first time Mexico has faced tariffs from the U.S. under Trump. But things have shifted since then. Mexico has become America’s top trading partner, surpassing China. This gives the country some leverage, but the stakes are higher than ever.

As Mexico’s President Claudia Sheinbaum and her team work out their next steps, the world is watching to see how this trade battle unfolds. One thing’s for sure—both countries have a lot to lose.